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04.10.2010

Real Invest Austria1 looks back on another successful financial year, thereby continuing its successful performance

  • EUR 363 million in new customer inflows in the past financial year
  • 14 new properties of a total amount exceeding EUR 450 million for Real Invest Austria
  • Excellent pipeline of secured projects for the next few months
  • Market share expanded to 62 per cent

Real Invest Austria, Austria's number one in open real estate funds, successfully ended the 2009/2010 financial year as of 30 September 2010. In the past 12 months, the fund flagship of Bank Austria Real Invest generated about EUR 363 million in new customer inflows. Fund volume currently amounts to EUR 1.43 billion.

Gerhard Dreyer, Managing Director of Bank Austria Real Invest: "Data as of 30 September 2010 show that Real Invest Austria with its unique product strategy was again a resounding success in the past financial year. Austrian investors are above all interested in investments with an intrinsic value and a good return over the longer term. This is precisely what they are offered by Real Invest Austria. A sound investment strategy geared to investments exclusively in high-quality property in Austria."

Steady expansion of market share thanks to stable inflows
Real Invest Austria steadily expanded its outstanding market position over the past 12 months. At the beginning of October 2009, 58.8 per cent of the Austrian market confided in the fund's conservative investment philosophy; by 30 September 2010 this had risen to over 62 per cent. This positive development is ascribed to a steady inflows of well above one million euros per day. Fund volume gradually increased from EUR 1.06 billion to a current EUR 1.43 billion.

New property with a focus on residential housing and infrastructure
Investments in new property clearly reflected a focus on residential housing and infrastructure. One new property which should be mentioned from among those which were incorporated into the Real Invest Austria in the past 12 months is the new biotechnology centre in Vienna's Muthgasse. The building, with a total usable floor space of about 17,000 square metres, also houses university facilities. All buildings that have been acquired generate stable rent income, with a positive impact on the performance of Real Invest Austria. In this context, Austria's market leader achieved a respectable performance of about 2.7 per cent2 in a weak market in the last financial year.

Dreyer sums up the past financial year and is optimistic over future developments: "In the last financial year we generated investment volume of over EUR 450 million for Real Invest Austria and thereby further expanded our market position. And we have an excellent pipeline of secured projects for the next few months".

Real Invest Austria is No. 1
Using a sound investment strategy, Real Invest Austria invests only in Austrian real estate. Residential housing and infrastructure property such as schools and kindergartens, which have a stable value, account for about 60 per cent of fund assets. Real Invest Austria is available in a denomination of ten euros, and with a total current volume of about EUR 1.43 billion and a market share of 62.09 per cent (Source: VÖIG as of 31 August 2010) it is the undisputed leader in the segment of open real estate funds. Bank Austria Real Invest is the real estate fund specialist of Bank Austria, which is part of UniCredit Group.

1 The current complete and abridged prospectuses of the specified fund, including all changes made since the initial publication (20 November 2003 in the Federal Gazette) are available free of charge at  www.realinvest.at and from Bank Austria Real Invest Immobilien-Kapitalanlage GmbH, Lassallestrasse 5, A-1020 Vienna, Austria.
2 Past performance is not necessarily indicative of the fund's future performance.

Inquiries: Bank Austria Real Invest GmbH
 Gerhard Dreyer, Managing Director, tel. 01/ 33171 ext. 75150

A reproducible photo is available here for download. The photo can be printed free of charge.

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